Illinois Statutes
§ 3.1-10-30 — Bond
Illinois·Topic GOVERNMENT·Ch. 65 MUNICIPALITIES·Act 65 ILCS 5/ Illinois Municipal Code.·Art. Article 3.1 - Officers
Before entering upon the duties of their respective offices, all municipal officers, except alderpersons and trustees, shall execute a bond with security, to be approved by the corporate authorities. The bond shall be payable to the municipality in the penal sum directed by resolution or ordinance, conditioned upon the faithful performance of the duties of the office and the payment of all money received by the officer, according to law and the ordinances of that municipality. The bond may provide that the obligation of the sureties shall not extend to any loss sustained by the insolvency, failure, or closing of any bank or savings and loan association organized and operating either under the laws of the State of Illinois or the United States in which the officer has placed funds in the of
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Illinois § 3.1-10-30 (Bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 102-15, eff. 6-17-21.)
Nearby Sections
15
§ 3.1-10-10
Application of general election law§ 3.1-10-15
Commencement of terms§ 3.1-10-17
Term limits§ 3.1-10-20
Results; ties§ 3.1-10-25
Oath or affirmation§ 3.1-10-30
Bond§ 3.1-10-35
Duty to successor§ 3.1-10-40
Additional duties§ 3.1-10-45
Appointment of subordinates§ 3.1-10-5
Qualifications; elective office§ 3.1-10-50
§ 3.1-10-50§ 3.1-10-51
§ 3.1-10-51§ 3.1-10-55
Quorum to fill vacancies§ 3.1-10-6
Qualifications; appointive office§ 3.1-10-60
Interim appointments to vacancies